NEWS PUBLISHING
ActiveNEWS PUBLISHING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €65k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 1514 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+8
Solvency75▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.49 in 2024; short-term debt: 50.3% and cash: 73.3% of total assets), but 50.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
19.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
28 d late
2023
2 d early
2022
28 d late
2021
3 d late
2020
27 d late
2019
41 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€168k▼ 1.0%
2024 · €170k
2018: €113k
2019: €127k
2020: €106k
2021: €118k
2022: €128k
2023: €147k
2024: €170k
2018 → 2025
Total assets
€339k▲ 20.7%
2024 · €281k
2018: €162k
2019: €185k
2020: €237k
2021: €195k
2022: €213k
2023: €245k
2024: €281k
2018 → 2025
Net result
€65k▲ 76.2%
2024 · €37k
2018: €8k
2019: €14k
2020: €31k
2021: €12k
2022: €24k
2023: €26k
2024: €37k
2018 → 2025
Working capital
€164k▲ 0.2%
2024 · €164k
2018: €95k
2019: €111k
2020: €92k
2021: €106k
2022: €118k
2023: €139k
2024: €164k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€128k▲ 9.2%€147k▲ 14.7%€170k▲ 15.6%€168k▼ 1.0%
Operating result€18k-€34k▲ 82.7%€39k▲ 15.9%€54k▲ 39.6%€95k▲ 74.9%
Net result€12k-€24k▲ 102%€26k▲ 9.3%€37k▲ 39.8%€65k▲ 76.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €339k
Fixed assets
€4k▼ 33.3%
Current assets
€335k▲ 21.9%
Equity and liabilities €339k
Equity
€168k▼ 1.0%
Debt
€170k▲ 54.2%
The debt ratio rises from 39.4% to 50.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€97k▲
2024 · €56k
Cash flow
€67k▲
2024 · €39k
Solvency
49.7%▼
2024 · 60.6%
Current ratio
1.97▼
2024 · 2.49
Quick ratio
1.97▼
2024 · 2.49
Debt / equity
1.01▲
2024 · 0.65
ROE
38.7%▲
2024 · 21.8%
ROA
19.3%▲
2024 · 13.2%
Interest coverage
518.70▲
2024 · 178.41
Debt
€170k▲
2024 · €110k
Debt ≤ 1 year
€170k▲
2024 · €110k
Income taxes
€31k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€281k€339k▲
Fixed assets21/28€6k€4k▼
Intangible fixed assets21€6k€4k▼
Current assets29/58€275k€335k▲
Amounts receivable within one year40/41€140k€86k▼
Trade receivables40€130k€76k▼
Other amounts receivable41€10k€10k▼
Cash at bank and in hand54/58€135k€248k▲
Equity and liabilities
Total equity and liabilities10/49€281k€339k▲
Equity10/15€170k€168k▼
Contributions10/11€7k€7k=
Reserves13€160k€159k▼
Distributable reserves133€160k€159k▼
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€110k€170k▲
Amounts payable within one year42/48€110k€170k▲
Trade debts44€84k€99k▲
Suppliers440/4€84k€99k▲
Taxes, remuneration and social security45€10k€3k▼
Taxes450/3€10k€3k▼
Other amounts payable47/48€16k€68k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€67k€66k▼
Other operating charges640/8€592€2k▲
Gross operating margin9900€124k€165k▲
Operating profit (loss)9901€54k€95k▲
Financial income75/76B€448€1k▲
Recurring financial income75€448€1k▲
Financial charges65/66B€316€187▼
Recurring financial charges65€316€187▼
Profit (loss) for the period before taxes9903€55k€96k▲
Income taxes67/77€18k€31k▲
Profit (loss) for the period9904€37k€65k▲
Profit (loss) for the period to be appropriated9905€37k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€68k▲
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer from equity791/2€14k€67k▲
Transfer to equity691/2€37k€65k▲
To other reserves6921€37k€65k▲
Profit to be distributed694/7€14k€67k▲
Return on contributions (dividend)694€14k€67k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €65k ▲76.2%
Operating result €95k, net result €65k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €150kEq €170k ▲15.6%
7 profitable years in a row build equity to €170k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dendermondsesteenweg 140A9000 GentGround area
4,502 m²
Building footprint
1,106 m²
Volume, LiDAR
14,664 m³
2 parcels, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Say What!? Publishing - Ghost Town Music
since 20002.099.685.160
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0164/00F004 | Flanders | 4,373 m² | 1 · 1,039 m² | 17.6 m · 5 fl. |
| 44804D0168/00N000 | Flanders | 129 m² | 1 · 67 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GALAÏ
BE 0548.663.969
Lasne · Eq €169k
GAM STUDIOS
BE 0555.835.635
Waimes · Eq €170k
High-Score Recording & Mixing Services
BE 0745.336.815
Lontzen · Eq €160k
SOUND WIZARD
BE 0841.384.235
Antwerpen · Eq €177k
Wunderbar Inc
BE 0758.636.109
Mechelen · Eq €180k
Of 257 companies in sector 59202 we hold annual accounts for 65. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2000
Fiscal year end31-12
Activities, NACEBEL
59202Motion picture, video and television programme production, sound recording and music publishing activities
92313
58110Book publishing
59130Motion picture, video and television programme production, sound recording and music publishing activities
90393Specialised image, lighting and sound technical services
92120
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.